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Case
| HBS Case Collection
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2006
(Revised from original 2001 version)
Doral Costa
by
William J. Poorvu, John H. Vogel Jr., Arthur I Segel and Amy Silverstein
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Abstract
Doral Costa is a proposed 277,803 square foot Class A office park development in Miami, FL. Trammell Crow Co. would like to develop this office park in joint venture with a partner. Samantha Spar, the acquisitions partner at Titan Associates, a large real estate institutional advisory firm, must decide whether to recommend participation in this development to her client, QRS, a public pension fund. Samantha must evaluate this location, the Southern Florida office market, the proposed building design, the lease-up and financial projections, the economic terms of the deal, and the potential partner to make a decision.
Keywords: Buildings and Facilities;
Joint Ventures;
Acquisition;
Investment;
Partners and Partnerships;
Decision Choices and Conditions;
Fair Value Accounting;
Construction;
Property;
Real Estate Industry;
Consulting Industry;
Miami;
Citation:
Poorvu, William J., John H. Vogel Jr., Arthur I Segel, and Amy Silverstein. "Doral Costa." Harvard Business School Case 802-023, December 2006. (Revised from original August 2001 version.)